Dairy Free Market Size to Grow by USD 11.12 bn from 2020 to 2025 | Blue Diamond Growers and Campbell Soup Co. Among Key Market Contributors | Technavio

NEW YORK, Nov. 18, 2021 /PRNewswire/ — The dairy free market size is set to grow by USD 11.12 bn…

NEW YORK, Nov. 18, 2021 /PRNewswire/ — The dairy free market size is set to grow by USD 11.12 bn from 2020 to 2025 at a CAGR of 10.27%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report also covers the following areas:

Dairy Free Market 2021-2025: Segmentation

  • Type
    • Beverages
    • Foods
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

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Dairy Free Market 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the dairy free market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Blue Diamond Growers, Campbell Soup Co., COYO Pty Ltd., Danone SA, Dohler GmbH, Nestle SA, Sanitarium Health Food Co., SunOpta Inc., Valsoia Spa, and Vitasoy International Holdings Ltd.

The growing consumer preference for a vegan diet; rising cases of lactose intolerance and milk allergies; and concerns over hormones, pesticides, and antibiotics will offer immense growth opportunities. However, allergies associated with plant-based sources, such as soy and almonds, will hamper the market growth.

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Dairy Free Market 2021-2025: Regional Analysis

Technavio offers an up-to-date analysis of the geographical composition of the market as well as competitive intelligence and regional opportunities for vendors. Based on geography, the dairy free market has been segmented into five regions, namely APAC, North America, Europe, South America, and MEA. According to our research, 48% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key countries for the dairy free market in APAC. The region has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Moreover, the rising cases of lactose intolerance and milk allergies will facilitate the dairy free market growth in APAC during the forecast period.

Dairy Free Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist dairy free market growth during the next five years
  • Estimation of the dairy free market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the dairy free market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of dairy free market vendors

Related Reports:

  • Dairy Alternatives Market: The dairy alternatives market has been segmented by product (beverages-based dairy alternatives and food-based dairy alternatives) and geography (APAC, North America, Europe, South America, and MEA). Download Free Sample Report
  • Tofu Market: The tofu market has been segmented by product (processed and unprocessed) and Geography (APAC, North America, Europe, South America, and MEA). Download Free Sample Report

Dairy Free Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.27%

Market growth 2021-2025

USD 11.12 billion

Market structure

Fragmented

YoY growth (%)

8.87

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 48%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Blue Diamond Growers, Campbell Soup Co., COYO Pty Ltd., Danone SA, Dohler GmbH, Nestle SA, Sanitarium Health Food Co., SunOpta Inc., Valsoia Spa, and Vitasoy International Holdings Ltd.

Market Dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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